Lockheed Martin Corporation (LMT) Secures Multimillion Defense Contracts Strengthening Pipeline

Group 1: Contract Wins and Financials - Lockheed Martin Corporation secured a $9.58 million contract modification for combat systems integration and testing, focusing on littoral combat ships and unmanned surface vessels [1][2] - The company has also obtained two defense contracts totaling $225 million for missile systems and naval weapons support, including a $202.8 million modification for PAC-3 missiles [3] - Additionally, Lockheed Martin's Rotary and Mission Systems unit received a $22.2 million cost-plus-fixed-fee contract for lifecycle logistics, engineering, and technical services for Aegis systems [4] Group 2: Operational Details - Work under the $9.58 million contract will be performed by Lockheed's Rotary and Mission Systems division across multiple locations, with completion expected by February 2027 [2] - The contracts emphasize the company's focus on advanced technology systems in the aerospace and defense sectors [4]